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SPI Energy closes acquisition of 3rd solar project in Oregon

SPI Energy Co. Ltd. closed the acquisition of the 3.56-MW Belvedere solar photovoltaic project in Marion County, Ore., from an undisclosed seller.

Belvedere is expected to sell its power to Portland General Electric Co., according to a Sept. 10 news release.

The project is part of the 21-MW solar portfolio that SPI Energy is acquiring in Oregon. Prior to this deal closing, the company completed the purchase of two solar projects related to the portfolio.